Now in Legal Rebels:
Posted Mar 18, 2009 02:21 pm CDT
Too many sick days will count against lawyers at Allen & Overy as it considers which people to lay off.
The London-based law firm plans to cut up to 250 lawyers and 200 staffers. Its redundancy criteria are: individual performance, business, sickness, disciplinary record, versatility, contribution and potential, Legal Week reports.
Attendance also counts in draft criteria developed by DLA Piper for layoffs of its associates in the United Kingdom.
Allen & Overy appears to be offering “fairly generous” severance packages, the Am Law Daily reports. Associates will be paid until the end of May, and will get 3½ weeks for every year worked, up to a maximum of one year. Associates will also get an additional, discretionary lump sum of up to $17,500, depending on seniority.
The amount is lower at DLA Piper, which plans to lay off up to 30 associates and about 100 support staffers. It is proposing to pay one week’s salary for every year worked, Legal Week reports.